Personal Insurance
Personal insurance products from Ararat Insurance
Services provide our customers with protection for their homes,
automobiles and personal possessions, along with personal liability
coverages.
How we serve you is as important as what we provide. First, we
listen to you, then we discuss your needs and answer your questions.
Next, we look at both your short-term and long-term objectives and
help put your insurance and planning needs in perspective.
We provide the following types of personal insurance protection:
Auto (Personal) *
Boat & Marine *
Condominium *
Flood *
Homeowners *
Motorcycles *
Motor Home & RV *
Personal Umbrella *
Personal Watercraft *
Renters *
Travel Insurance *
Valuable Items
Auto (Personal)
This coverage has two parts. The first is the liability section of
the policy. It covers your financial responsibility for injuring
others and some coverage is required by most states.
The second part covers the car itself: comprehensive coverage
reimburses losses from fire, theft or other perils; collision
coverage pays to repair losses caused by an accident. Often this
coverage is mandated by leasing companies or banks. There are also
ancillary medical, car rental and other coverages which vary by
state.
Utilizing high deductibles on the physical damage coverages can help
reduce premiums. If you carry umbrella insurance, you must be sure
that you carry the required amount of basic liability insurance to
avoid a gap in coverage for a serious accident.
Boat & Marine
Boat or Marine insurance is available for small boats, yachts, high
performance powerboats, live-aboard houseboats, catamarans, or
pontoons. Marine insurance will cover intended use including
personal recreation, commercial, or charter vessels.
Boat policies can cover damage to your boat, motor, trailer, and
personal effects in the boat. Available coverage includes liability,
medical payments, injury to a water skier and damage to the boat
itself, sometime called hull coverage. Availability varies by state
and by insurance company. Even though boat insurance premiums are
low, shopping your rate can sometimes save a substantial amount.
Condominium
Condominium insurance provides coverage for your unit where your
condominium association insurance stops. Your association typically
insures the building and other common areas. You are responsible for
the interior of your unit. Typically you need personal property and
liability coverage. In addition to coverage for your floors, walls,
cabinets and fixtures that your association's insurance probably
will not cover.
Every association's insurance policy is different regarding what
each unit owner is responsible for, so it is important to review
your association policy and condominium by-laws carefully.
Homeowners
If you have tangible assets, you need the protection of a homeowners
policy. These policies cover you in a home or an apartment, whether
you are an owner or a renter. A well-written homeowners policy will
pay to replace any of your personal property that is destroyed in a
fire or other disaster. The policy will also be your first line of
defense against a lawsuit from someone injured at your home.
The cost of this coverage is determined by many rating factors. The
quality of the coverage, however, is determined by the quality of
the insurer and whether the policy is written on a named perils or
all-risk basis. A named-perils policy covers only those losses
specifically cited in the contract. The all-risk policy works the
opposite way -- unless a peril is specifically excluded, coverage is
provided. The all-risk policy is broader and the burden of proof is
on the carrier, not you, in the event of a loss.
Motorcycles
Whether you’re an enthusiast or a first-timer, having fun, being
responsible and being safe is what it’s all about. Being responsible
includes finding the right insurance for your motorcycle.
Motorcycle insurance is a way of sharing the risks of riding between
you and your insurance company. The way it works is simple. You pay
a set premium to an insurance company for coverage. In return, the
company promises to pay for specific financial losses that might
occur during the term of the policy.
Most people rely on motorcycle insurance to protect themselves
against loss in case of an accident. In many states, you must carry
basic insurance to cover the cost of losses you cause to others in
an accident. If the unexpected happens, insurance gives you peace of
mind in knowing you are protected. We have a variety of motorcycle
policy options to meet your needs.
Motor Home & RV
As much as you expend efforts to purchase your dream motor home, it
is important to select appropriate motor home insurance policy.
Legally speaking, you are required to have a certain minimum amount
of coverage when you have your motor home registered. However, there
are many insurance policies to ensure that your motor home obtains
maximum coverage and protection. It is important to choose a policy
that incorporates the recreational value of your motor home and does
not treat it as another automobile.
Personal Umbrella
You don't have to be a millionaire to be sued like one.
Million-dollar judgments against individuals for negligence are
still relatively rare. However, receiving a lawsuit with a
million-dollar demand is more common. If you receive such a court
summons and you have only $100,000 of coverage, you may lose a lot
of sleep.
Umbrella policies offer inexpensive "peace of mind" for most types
of negligence claims. Automobile accidents are probably the most
common source of serious claims. This policy supplements your basic
automobile liability with extra million-dollar layers of protection.
It also covers other types of catastrophic claims such as a
neighbor's child drowning in your pool or the delivery man being
seriously injured by falling over your child's toys.
Personal Watercraft
Personal watercraft, such as jet skis and wave runners, are often
our customer's first step into the boating world. Personal
watercraft are extremely invigorating and fun for water lovers of
all ages; however, they are not toys. Whether you are a first time
boater or experienced captain, it is important that you have proper
coverage for these vessels. Northpoint Insurance and Financial
Services has policies that are geared specifically for your personal
watercraft. Likewise, because of our expertise in this area we also
have the ability to provide commercial marine insurance for
companies that rent personal watercraft.
Renters
As a renter, you need to protect your personal property against
theft and damage. Our renters insurance is hard to beat for
convenience and value. Plus, we'll assure you the peace of mind you
need for your valuable items and electronics.
Renters insurance can help protect you in case of a liability
lawsuit against you. This could occur in a situation where you are
held responsible for:
Injury to another person -
Damage to another person's property.
Whether the incident occurred within your rented residence, or
elsewhere.
Travel Insurance
When you travel abroad, one of the most important financial
considerations is how to protect you and your family's health.
Without proper coverage, an illness or injury abroad can turn into a
financial disaster. Whether you are a corporate traveler, an
international student studying abroad, a family on vacation or
reunion, or an individual traveling abroad for work, pleasure, or
education, don't let your trip be ruined by an accident or
unexpected medical emergency. Traditional sources of U.S. private
health insurance will not meet your needs. Geographical exclusions
and provider limitations common to these policies will restrict or
even eliminate the coverage available to you while you are outside
the U.S. At the same time, you may not be eligible for participation
in the government-sponsored plans in the country where you reside.
Valuable Items
Your possessions may be more valuable than you realize. Most
homeowners policies offer limited coverage for personal articles
such as jewelry, cameras, golf equipment, fine art and collectibles,
and computer equipment. We can provide the additional protection you
need.
A variety of property may be covered by valuable items coverage.
Artwork -
Baseball cards -
Books -
Coins -
Computer equipment -
Firearms -
Furs -
Golf equipment
Jewelry -
Memorabilia -
Musical instruments -
Oriental rugs -
Silverware -
Stamps